In a period of nine months, between December 2022 and August 2023, not only was the grammar and syntax of DPI created, but a suggested framework for DPI was also accepted by the G20 member states.
The use of technology for inclusion is a concept that has existed for a long time. What is new is that, for the first time, a framework technology, governance, and the role of communities has been agreed upon multilaterally.
The year 2024 promises to be a pivotal moment in the ongoing evolution of the digital landscape. The developments of 2023, marked by technological advancements, changing customer behaviours due to economic uncertainty, tweaks to regulatory requirements, and competitive pressures, have served as a stepping stone for organizations in crafting their digital transformation strategies for 2024.
To secure a competitive edge, organizations must prioritize agility and innovation. Furthermore, data-driven decision-making, AI integration, cybersecurity enhancements, and sustainable practices will be pivotal in shaping successful digital transformation strategies for the year ahead and beyond.
A digital ecosystem is a network of interconnected companies or products. Today businesses are recognizing the benefits of partnerships and connectivity. All top companies in the world have a digital ecosystem in place. They build networks of connected products and partner with other companies, sharing resources and expertise throughout their ecosystem. Even partnering with one other company will help increase your customer base, brand reach, access to resources, like software infrastructure, and more.
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BURNOUT AT THE INDIAN BANKS: BREAKING THE CYCLE OF STRESS
The Indian banking landscape is undergoing a period of significant transformation. Mergers, acquisitions, rapid technological advancements, and an increasingly competitive environment are driving growth in the sector.
Financial Services in Free Trade Agreements
India Exim Bank organised a workshop on âFinancial Services in Free Trade Agreementsâ.
HDFC Bank introduces PIXEL: A new generation of Digital Credit Cards
HDFC Bank announced the launch of âPIXELâ â its first end-to-end mobile app-based customisable, DIY digital card range designed for Digital Natives. PIXEL is tailored for a generation characterised by digital fluency, unique preferences, and distinct financial behaviours.
ICICI Bank enables NRI customers to use international mobile number to make UPI payments in India
ICICI Bank announced that it has enabled NRI customers to use their international mobile number to make UPI payments instantly in India, thereby significantly enhancing their convenience of making everyday payments.
Karur Vysya Bank opens its 840 th Branch at Ayodhya
Karur Vysya Bank (KVB) inaugurated a new branch at Ayodhya today. This is the 840th Branch of the Bank. Dr. Meena Hemchandra, Chairperson, Karur Vysya Bank inaugurated the Branch. Ayodhya is the 7th Branch of the Bank in Uttar Pradesh and the 35th Branch in the Delhi Division of the Bank.
ROLE OF 5G IN ACCELERATING DIGITAL TRANSFORMATION IN THE BANKING LANDSCAPE
The emergence of 5G technology presents a transformative opportunity for the banking industry.
EMOTIONAL AI IN BANKING
\"I believe that at the end of the century, the use of words and general educated opinion will have altered so much that one will be able to speak of machines thinking without expecting to be contradicted.\" - Alan Turing (23 June 1912 - 7 June 1954)
WOMEN ENTREPRENEURSHIP - A STRONG WHEEL OF INDIA'S GROWTH ENGINE
The importance of women entrepreneurship for economic development is widely recognized. India is one of the fastest growing economies and the importance of women entrepreneurship is felt at every level. Women entrepreneurship plays an important role in creating jobs, wealth, poverty reduction, human development, education, health and national development, especially in developing countries like us. The objective of this article is to recognize the contribution of Women entrepreneur in writing India's growth story.
NAVIGATING THE ETHICAL ABYSS: THE DEEPENING QUANDARY OF AI-GENERATED DEEPFAKES
In the digital age, where reality and simulation intertwine seamlessly, the emergence of artificial intelligence has thrust us into uncharted territories. With meticulous precision, algorithms now craft media that blurs the lines between truth and fiction, ushering us into an era fraught with ethical dilemmas and privacy concerns.
THE HISTORY OF THE INDIAN BANKING INDUSTRY
The history of the Indian Banking Industry is rich and diverse, reflecting the country's economic and political evolution over the centuries. Banking services play a vital role in the Indian economy, serving as the backbone of its financial system. Here's a brief overview:
